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Pradhan Mantri Garib Kalyan Package : Progress so far
Around 39 crore poor people received financial assistance of ₹ 34,800 crore under the PMGKP
Using the digital payment infrastructure, around 39 crore poor people received financial assistance of ₹ 34,800 crore under the Pradhan Mantri Garib Kalyan Package (PMGKP) as on 5th May,2020, announced by Union Finance Minister Smt Nirmala Sitharaman on 26th March,2020 to protect them from the impact of the lockdown due to COVID 19.
As part of the PMGKP, the Government announced free food grains and cash payment to women and poor senior citizens and farmers. The swift implementation of the package is being continuously monitored by Central and State governments. Finance Ministry, the concerned Ministries, Cabinet Secretariat and PMO are leaving no stone unturned to ensure that the relief measures reach the needy swiftly and in line with the intent of the lock down.
Fintech and digital technology have been employed for swift and efficient transfer to the beneficiary. Direct Benefit Transfer (DBT), i.e. transfer that ensures that the amount is directly credited into the account of the beneficiary, eliminates leakage and improves efficiency has been employed. This has also ensured credit to the beneficiary’s account without the need for the beneficiary to physically go to the branch.
The progress achieved so far, under various components of PMGKP is as follows:
Pradhan Mantri Garib Kalyan Package
Total Direct Benefit Transfer till 05/05/2020
Scheme | Number of Beneficiaries | Amount |
Support to PMJDY women account holders | 1st Ins - 20.05 crore (98.3%) 2nd Ins - 5.57 crore | 1st Ins - 10025 crore 2nd Ins – 2785 crore |
Support to NSAP (Aged widows, Divyang, Senior citizen) | 2.82 crore (100%) | 1405 crore |
Front-loaded payments to farmers under PM-KISAN | 8.19 crore | 16394 crore |
Support to Building & Other Construction workers | 2.20 crore | 3493 crore |
24% contribution to EPFO
| .45 crore | 698 crore
|
TOTAL | 39.28 crore | 34800 crore |
Direct benefit transfers under PMGKP secured cash and food support to millions of poor households across multiple targeted schemes. The Pradhan Mantri Garib Kalyan Package channels targeted cash and in kind relief via Direct Benefit Transfer and digital payments to vulnerable groups: front loaded PM KISAN payments to farmers, first and second instalments to women Jan Dhan account holders, full disbursement to old age persons/widows/divyang beneficiaries, support to construction workers, EPFO online advances and a one time EPF contribution, large scale distribution of food grains and pulses, mass Ujjwala cylinder deliveries, increased MGNREGA wages and released funds to clear dues, and insurance for government health workers.
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